You should have definitely seen growth before Jan '21. If it was flat or down before that then you should investigate further.

Otherwise, a "fun" (in the dark sense of the word) game I play is to see the first time my 401k passed the current value. I've been running a steady 12-14 months behind for a while. :-/

When the market rebounds though, it's gonna be awesome! lol

Thank you!

I have trouble handling market fluctuations as well, my contributions hardly offset losses in down years. If you aren’t close to retirement focus on the additional shares you purchase in a down market. If you are near retirement think of how to move your investments into more stable vehicles.

Yes, I've looked at those as well! I was concerned that they may make it harder to move money- like if I need the money for a down payment.

I finally found it after more looking around, down 9.5% roughly YoY but up 4.5% YTD from where it left off. I've had this 401(k) nearly five years and I don't feel like it's grown much at all but I will dig into that further.

https://www.reddit.com/r/personalfinance/wiki/commontopics/

https://www.reddit.com/r/personalfinance/wiki/rothortraditional/

I spent hours looking, but I finally found it, surprisingly in plain sight, go figure.

Makes sense for sure, I guess I am doing alright, I just haven't seen much growth over the last 5 years I feel, so it worries me since I forever see 10% YoY as the golden rule for compound growth. Thanks for weighing in!

Thanks. I did some more digging and looks like I'm down 9.5% over the last year but have YTD returns of 4.5% roughly. Makes sense I suppose. I'm an immigrant and only in the last few years have I had the financial means to invest much of anything at all, so this is all relatively new to me and I am self taught, so there's things I don't always conceptualize in full. Thanks again.

To clarify, their business checking uses a separate app from their personal savings. The business app is fine and does everything you would want such as mobile check deposits, transferring money, enabling/disabling debit. It also shows the balance on your other accounts and when you click on them it will either ask to open the web browser or the corresponding mobile app. They also have a high mobile check deposit limit of $50K/day.

I still maintain a free business checking account at my local bank so I can deposit cash and receive the occasional Zelle payment. But I prefer Amex since it has no transaction limits, incoming wires have no fees and I earn interest.

Be careful doing TLH depending on how frequent your grants are

Do you use their app for their business checking? Do you like it?

What does your partner do? Are you splitting finances? Marriage simplifies this kind of stuff, if you have a kid especially. Are you paying for rent or are you splitting 50/50? Who does most of the child rearing? Do you have equal incomes? Why are you talking about one income? If you can get around by Public transit: sell the car. Does your “partner” have another care you can share. If you get married, your debt will be “our debt” and your savings will be “our savings”. If your “partner” has $100k sitting in a savings account then this should be both of your problem not just yours alone.

[removed]

[deleted]

To be honest, I feel like I'm worrying to much, I don't think I would care much about 2-4 k loss in a car a few years from now

[removed]

Based on last years general results breaking even is a win, as your retirement accounts grow your return each year is influenced more by market changes than your and your employers contributions.

Even if it's not Toyota Corolla finance. What else can I look at that's way better, in the chance I want to change the car 3 years from now, to hopefully get a lower payment now (new)

A new car is generally not recommended but if you buy cars for the long term (keep them 10-15 years) I don't see it buying new as always the worst choice. The goal of most on this sub is financial freedom. Making payments forever, car after car, always paying interest doesn't fit with this plan. It's all numbers. If you bought new, financed even for 5 years (I'd recommend less) and then kept the car for 15 years you'd get back that front end depreciation as you owned the car without payments for a number of years. And being a corolla, likely without problems until you hit year 10 or so. It's all a balance. As I've said a few times now, have a plan is really what's most important. Where do you want to be in 3 years with cars, with income, with everything? Does this fit? This is the question you need to answer.

>As long as it's FDIC insured, you're fine

Or NCUA if it is a credit union.

Thanks so much, I do believe the last part you said. That's our plan. To be honest a lot of it is speculation and future income hopes. I know how it sounds.... However I did pretty well financial selling cars and I decided to go in Different path. If everything goes as planned I will be able to give her that life and more with a way better car, even if I have to do payments (I can say I know how to control my budget and do "wise" purchases when it comes to cars) Buying a car right now out right is the best decision, unfortunately I don't control interests and I don't feel comfortable gifting her a car right now.

I still have my 401k from my previous job. Do you personally recommend to keep it there or roll it to my Roth IRA or current employer 401k?

Thank you for your help! And I have seen that chart. Maybe I will increase my contribution. Is it better to focus on my employer 401k then Roth IRA? Even if I don’t plan on staying for two years?

"And whatever you do, stay away from Nissan and Fiat-Chrysler. They won’t even last you 36 months." Hahahah that cracked me up

On the secondary market through a brokerage is it any different?